Financial reforms and income inequality
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According to these studies, finance exerts a disproportionately positive influence on lower-income individuals, not just accelerating growth that trickles down.
“According to these studies, it is not just that finance accelerates economic growth, which trickles down to the poor; f inance exerts a disproportionately positive influence on lower-income individuals.”
From Finance, Growth, and Inequality (2021) · cites this paper as Agnello and Sousa (2012)
Several studies find a negative relationship between financial development and income inequality, including Clarke, Xu, and Zho (2006), Agnello and Sousa (2012), and Hamori and Hashiguchi (2012).
“Several studies also find a negative relationship between finan cial development and income inequality, including Clarke, Xu, and Zho (2006), Agnello and Sousa (2012), and Hamori and Hashiguchi (2012).”
From Finance, Growth, and Inequality (2021) · cites this paper as Agnello and Sousa (2012)
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- Authors
- Agnello, L., Mallick, S. K., & Sousa, R. M.
- Affiliations
- Banque de France (FR)
- Queen Mary University of London (GB)
- London School of Economics and Political Science (GB)
- Corresponding author
- Agnello, Luca
- Venue
- Economics Letters
- Publisher
- Elsevier BV
- Published
- 2012-09
- Volume
- 116
- Issue
- 3
- Pages
- 583-587
- ISSN
- 0165-1765 (ISSN-L)
- OpenAlex
- W2012735810
- Cited by
- 197
- References
- 26
- Citations by year
- 2026: 6 · 2025: 11 · 2024: 17 · 2023: 19 · 2022: 20 · 2021: 25 · 2020: 16 · 2019: 14 · 2018: 16 · 2017: 10 · 2016: 9 · 2015: 11 · 2014: 14 · 2013: 8 · 2012: 1
- FWCI
- 25.84
- Type
- journal article
- Language
- en
- Open access
- green
- hdl.handle.net
- Licence
- Locations
- Economics Letters (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Nova Science Publishers (Nova Science Publishers, Inc.) (submittedVersion)
- RepositóriUM (Universidade do Minho) (submittedVersion)
- Portuguese National Funding Agency for Science, Research and Technology (RCAAP Project by FCT) (submittedVersion, other-oa)
- Portuguese National Funding Agency for Science, Research and Technology (RCAAP Project by FCT) (submittedVersion, cc-by-nc-nd)
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Social Sciences › Sociology and Political Science › Income, Poverty, and Inequality
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Economic Theory and Policy
- Keywords
- financial reform, income inequality, directed credit, reserve requirements, securities market, banking regulation, cross-national comparison
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